Music’s Next Evolution
Posted on May 20, 2010
David Pakman
Today’s audio podcast is an interview with David Pakman who has been a venture capital Partner with Venrock since 2008. Earlier he was the CEO of eMusic where he led the online retailer to sell more music download tracks than any competitor except Apple’s iTunes. Before joining eMusic he Co-Founded MyPlay which pioneered online music lockers. MyPlay was sold to Bertelsmann shortly after the turn-of-the-century. Earlier David was a digital music innovator with N2K and Apple.
To play audio podcast to iPod, iPad, or iPhone click here.
David believes that the recorded music business has reached yet another mutation point. Over the past decade worldwide revenues dropped from $40 billion to about $17 billion. Furthermore, unless the industry begins to proceed along a new evolutionary path he predicts the declines will continue for another five years before bottoming-out at perhaps $7 billion. Read more…
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Implications of DRM-Free Distribution by Major Labels
Posted on February 2, 2008
Summary: If you would like to get an industry executive’s perspective about the decision by all four major record labels to abandon DRMs, this interview is for you.
Our guest today is David Pakman who is the CEO of eMusic. His company is the largest seller of online music in the DRM-free MP3 format. However, the eMusic catalogue historically was limited to independent record labels. Now that the majors have decided to sell DRM-free tracks it looks like a good time to catch-up with David to see what the implications are for eMusic and the industry at large. Read more…
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